... Purposes of Law in a Free State M.N.S. SellersRegents Professor of the University System of Maryland andDirector of the Center for International and Comparative LawSchool of Law University of ... publica best. Republican legal theory is a doctrine of freedom and government, or rather of freedom throughgovernment, to secure a shared sense of justice, in pursuit of the commongood.104 Republicans ... public reason in pursuit of the common good.Republican legal theory clarifies the constitution of justice, in pursuit of theearliest, most useful conception of liberty as “freedom from domination”.16Liberty...
... which are seen as a form of market imperfection. Themainstream theoryof the firm evolved under the paradigm of the agency theory and the transaction costs theory as a theoryof economic organizationrather ... amendment of the existing theoryof financial intermediation.The structure of this paper is as follows. First, we introduce the foundations of the modern literature of financial intermediation theory. ... review the doctrines of the theoryof financial intermediation.2Theseare specifications, relevant to the financial services industry, of the agency theory, and the theoryof imperfect or asymmetric...
... efficiently, the reputationalcapital of an agent must equal the present value of the stream of future profits, or franchise value, of her business.The concept of reputational capital is meaningful ... Structural implications of CTFCircuit theoryof finance (CTF) bears important implications in terms of financial marketstructure, microeconomic imbalances, and the role of saving for economic ... on the basis of verifiable and tested information. Information providers might be eitherprofit or non-profit outfits.Providers of customized information might operate for a profit and sell...
... domain, X(f )issimplyacopyofthespectrum˜X(f) shifted to a center frequency of f =+fcand a mirror copy of ˜X(f)shiftedto a center frequency of f = −fc.The operation of modulation can be defined ... coherence if the magnitude of the carrier wave does notchange over a spatial displacement of the receiver. Once again, we express the condition of spatial coherence in terms of the static narrowband ... (2.18) is a 3Dposition vector. The three dimensions offree space make the study of spatial coherencemore difficult than the scalar quantities of temporal or frequency coherence.While frequency...
... behavior of the number of multiplications is also quadratic.Convolution algebras are derived from algebras of polynomials. Given a polynomial P (u) of degree D, one can define an algebra of dimension ... IntroductionComplexity theoryof computation attempts to determine how “inherently” difficult are certaintasks. For example, how inherently complex is the task of computing an inner product of twovectors of length ... original proof); the reference I like best is Adrian Albert’s book [1]. Thetheorem asserts that the tensor product of fields is isomorphic to a direct sum of fields, and theproof of the theorem...
... number of collisions per particle (a measure of time), given byτ ≡t0T1/2(t)dt.The use of this measure of time renders the equations of motion linear.The three eigenvalues of this ... of the linearised Boltzmann equation, at each order in theexpansion. Since the solution of equations of the type of Eq. (12.22) is determinedup to the addition of an arbitrary combination of ... the ‘small parameter’ of this expansion is truly the mean free path times the ‘values of the gradients’ of the hydrodynamic fields, or, in otherwords, the ratio of the mean free path and the scale...
... into a theoryof inventive problem solving which he named TRIZ.3.0 TRIZ: The Theoryof Inventive Problem SolvingThere are a number of laws in the theoryof TRIZ. One of them is the Law of Increasing ... Xerox Corporation 7.0 TRIZ SoftwareBecause TRIZ is built on a database of hundreds of thousands of patents, principles, operators, contradictions, etc. use of software helps engineers with ... nonmoving object 3. Length of moving object 4. Length of nonmoving object 5. Area of moving object 6. Area of nonmoving object 7. Volume of moving object 8. Volume of nonmoving object 9. Speed...
... EFFICIENCY OF CAPITAL 12. THE STATE OF LONG-TERM EXPECTATION 13. THE GENERAL THEORYOF THE RATE OF INTEREST 14. THE CLASSICAL THEORYOF THE RATE OF INTEREST o APPENDIX ON THE RATE OF INTEREST ... advantages of private and national thrift, the traditional attitude towards the rate of interest, the classical theoryof unemployment, the quantity theoryof money, the unqualified advantages of laissez-faire ... and of the trade cycle. Another feature, especially characteristic of this book, is the theoryof the rate of interest. In recent times it has been held by many economists that the rate of current...